Dear Mr. Premack: My father’s estate value is approximately $350,000, and my mother’s is approximately $650,000. Father passed away in April 2012 and mother inherits his property, so she will have estate of approximately $1,000,000. She is healthy and we hope to have many more years with her. We believe her estate value will increase over time because it is mostly valuable real estate. Although my father’s estate has no taxes due, should we file in order for my mother to make

Dear Mr. Premack: My only son is not very reliable. He is divorced, and his ex-wife has custody of their son. I’ve made a very difficult decision to leave my estate to my grandson instead of to my son. I do not want his ex-wife to be able to take the money. What do I need to do to be sure that the inheritance will be used for my grandson’s college and to help him start in the world. Right now he’s only five years old. – W. H. Texas law allows you to select any people or chari

Dear Mr. Premack: A few years ago while I was in the hospital, my only daughter got me to sign a power of attorney giving her the ability to manage my money. I was so sick then that I almost don’t remember signing it. I got better and went home, and there weren’t any troubles until last month when some money was missing from my bank account. The bank told me my daughter had withdrawn it with the power of attorney. I asked her, and she said she was in a bind and took the money